FREMONT, Calif., March 3, 2025 – Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced that it has received a follow-on order from a Hungarian utility provider to support the continued modernization of its communications network.

Follow-on order expands deployment of Actelis’ cyber-hardened networking solutions to enhance secure communications for critical infrastructure in Hungary.

This order builds upon Actelis’ previously announced engagement in October 2023, when the company was selected to provide its advanced hybrid fiber networking technology for the utility’s operations. The latest order will expand deployment across additional locations, reinforcing the network’s ability to deliver secure, high-speed data transmission essential for monitoring and controlling critical infrastructure.

“We are pleased to continue supporting the digital transformation of Hungary’s energy sector,” said Tuvia Barlev, Chairman and CEO of Actelis. “This follow-on order underscores the continuous trust our customers place in Actelis to deliver secure, resilient, and rapidly deployable networking solutions that meet the demands of modern utility operations.”

Actelis’ cyber-hardened networking solutions enable the rapid extension of fiber-grade connectivity while leveraging existing infrastructure, offering a cost-effective and scalable approach to modernizing large-scale utility networks. The company’s technology is widely deployed across transportation, energy, government, and military sectors, providing customers with robust, secure, and high-performance communications solutions.

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About Actelis Networks, Inc.

Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience. For more information, please visit www.actelis.com.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

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Contact

ARX | Capital Markets Advisors

North American Equities Desk

actelis@arxadvisory.com

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FREMONT, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has received an order for the County of Ventura California’s Systemic Countywide Signalized Intersection Improvement Project. This project will modernize and enhance the reliability of traffic signal communications across the county.

As part of this initiative, Actelis' advanced networking technology will be deployed to facilitate high-speed, secure data transmission between traffic management centers and signalized intersections. The implementation of Actelis' Fiber grade solutions will ensure seamless connectivity and control, improving traffic flow and safety while minimizing infrastructure costs.

“We are proud to support the County of Ventura’s efforts to modernize its traffic infrastructure,” said Tuvia Barlev, Chairman and CEO of Actelis. “Our technology will enable the County to rapidly upgrade their network with minimal disruption, ensuring secure, real-time data transmission that enhances the safety and efficiency of roadways.”

Actelis is collaborating with its long-time trusted business partner, Crosstown Electrical & Data, Inc., which was awarded the County’s bid for the project. Crosstown, a Southern California expert contractor in Intelligent Transportation Systems (“ITS”), is responsible for implementing key elements of the traffic systems modernization project, implementing Actelis’ advanced networking solutions to enable secure and efficient communications across the traffic signals network.

This latest order further underscores the growing demand for Actelis’ cyber-hardened networking solutions in the transportation sector. The Company’s technology is already widely used in traffic management applications worldwide, enabling cities, municipalities and road systems to enhance operational efficiency, reduce congestion, and enable smart transportation initiatives.

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About Actelis Networks, Inc.

Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.

For more information, please visit www.actelis.com.

Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Contact

ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com

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FREMONT, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced the appointment of Julie Kunstler as an independent director to its Board of Directors, effective immediately. Kunstler brings over three decades of experience in the communications components, broadband access equipment sectors, and strategic corporate positioning, along with public company board experience.

New Independent Director Brings decades of strategic expertise in broadband access and cybersecurity to support Actelis Networks' growth

Kunstler currently serves on the board of Ethernity Networks Ltd., a company traded on the London Stock Exchange, and previously served on the board of TTI Team Telecom International, a NASDAQ-listed company until its acquisition by TEOCO in 2010. Her extensive board experience reflects a deep understanding of corporate governance, strategic growth, and technology-driven markets.

Kunstler has held leadership roles across the communications technology landscape, with expertise spanning executive management, venture capital investment, industry analysis, and board governance. Most recently, she served as Chief Analyst for the Broadband Access Intelligence Service at Omdia, a division of Informa Tech, where she covered the fixed broadband access industry ecosystem. Prior to her role at Omdia, Kunstler was Vice President of Business Development at Teknovus, a venture-backed startup specializing in Passive Optical Network (PON) chip technology. There, she played a key role in corporate strategy, OEM agreements, fundraising, and led efforts that culminated in Teknovus’ acquisition by Broadcom.

Kunstler also co-founded and served as General Partner at Portview Communications Partners, a venture capital fund focused on early-stage investments in communications technology companies. In recognition of her significant contributions to the fiber broadband sector, Kunstler was awarded the Fiber Lifetime Achievement Award by the Fiber Broadband Association in July 2024.

“I am honored to join Actelis’ Board,” stated Julie Kunstler. “The requirements for secure, broadband access networking solutions are expanding across residential, enterprise, campus, and governmental segments. Actelis is well-positioned to address key challenges in cybersecurity, edge and access networking, and critical infrastructure. I look forward to contributing to the company’s continued growth and success across multiple sectors.”

Tuvia Barlev, Chairman and CEO of Actelis Networks, commented, “We are thrilled to welcome Julie to the Actelis Board as an independent director. Her strategic vision and extensive expertise in broadband access and network infrastructure will be instrumental as we strengthen our leadership in cyber-hardened hybrid-fiber networking solutions and cyber-aware networking.”

Kunstler holds an MBA from the University of Chicago, adding to her strong foundation in strategic business management. Her appointment reflects Actelis' ongoing commitment to enhancing its board with diverse perspectives and deep industry knowledge, supporting the company’s mission to deliver innovative, secure networking solutions globally.

Kunstler’s detailed bio is available in the Company’s latest filings with the Securities and Exchange Commission (SEC) on form 8-K. at http://www.sec.gov.

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About Actelis Networks, Inc.
Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.

For more information, please visit www.actelis.com.

Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

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Contact
ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com

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FREMONT, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced the appointment of Dr. Niel Ransom, an industry veteran in networking, cybersecurity, and deep-tech investments, to its Board of Directors, effective immediately.

Dr. Ransom is an industry luminary with nearly five decades of experience in networking and communications technology. He began his career at Bell Labs, contributing to industry-first innovations in applied research and product development. He later held pivotal leadership roles, including directing the Advanced Technology Center at BellSouth and serving as Corporate CTO of Alcatel, where he led global R&D investments and M&A strategy. He has served on the boards of multiple publicly listed companies, including ECI Telecom, Applied Micro, Cyan, and Radisys, as well as ten private technology firms, two of which he chaired. Most recently, he was a Partner at Celesta Capital, investing in and advising deep-tech startups.

His experience extends to optical networking, mobile edge computing, and broadband access solutions, making him an invaluable addition as Actelis continues expanding its leadership in cybersecurity-driven networking for critical infrastructure, government, and intelligent transportation systems (ITS). Dr. Ransom holds a Ph.D. in Electrical Engineering from the University of Notre Dame and an MBA from the University of Chicago.

Ransom’s appointment follows the retirement of Joseph (Yossi) Moscovitz from the Actelis Board, effective February 1, 2025. The Company thanks Moscovitz for his contributions and leadership during his tenure.

“I am excited to join Actelis at this critical juncture,” said Dr. Niel Ransom. “With the increasing demand for secure, high-speed networking solutions, Actelis is uniquely positioned to address key challenges in cybersecurity, edge networking, and critical infrastructure. I look forward to working with the team to accelerate growth and innovation.”

“We are thrilled to welcome Niel to the Actelis Board,” said Tuvia Barlev, Chairman and CEO of Actelis Networks. “His strategic vision and deep knowledge of communications, network security, and emerging technologies will be instrumental as we strengthen our leadership in cyber-hardened hybrid-fiber networking solutions and cyber aware networking. We also want to thank Yossi Moscovitz for his valuable contributions to Actelis and his dedication to the company during his tenure.”

Dr. Niel Ransom’s detailed bio is available in the Company’s latest filings with the Securities and Exchange Commission (SEC) on form 8-K. at http://www.sec.gov.

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About Actelis Networks, Inc.

Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.

For more information, please visit www.actelis.com.

Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

Contact

ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com

The post Actelis Networks Appoints Industry Veteran Niel Ransom to Board of Directors, Enhancing Leadership in Secure Networking and Critical Infrastructure appeared first on Actelis Networks.

FREMONT, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced that it has secured a renewal of services order of a 6-figure US Dollar value from Kenton Group, a long-time partner, to provide continued support services for hybrid networking systems supplied to UK transport authorities. This order builds on Actelis’ existing role in supporting critical transport infrastructure and positions the company to play a key role in future digital upgrades across the UK’s transportation network.

The ongoing support is in the modernization of the National Roads Telecommunications Service (NRTS), a vital digital infrastructure supporting England’s Strategic Road Network (SRN). The NRTS connects over 36,000 services, enabling real-time monitoring and advanced traffic management. Actelis’ hybrid fiber solutions deliver cost-effective, fiber-grade connectivity by leveraging existing infrastructure to support smart road technologies such as Vehicle-to-Everything (V2X) and automated systems.

“We are excited to continue supporting digital transformation initiatives in the UK,” said Tuvia Barlev, Chairman and CEO of Actelis Networks. “This order reinforces the confidence in our cyber-hardened networking solutions and highlights our ability to deliver innovative, scalable technologies that improve safety and operational efficiency across vital transport systems. Looking ahead, we see this as a precursor to significant opportunities as the UK prepares for the anticipated next phase of the NRTS upgrade.”

The anticipated NRTS-3 phase is expected to further modernize the UK’s transport network with advanced digital services. Actelis’ hybrid fiber-copper solutions provide a unique advantage in these upgrades, enabling secure, high-speed connectivity over existing infrastructure without the need for extensive new deployments. As the UK government continues to invest in smart road technologies, Actelis is well-positioned to secure substantial new orders in the coming phases of the project.

This announcement follows recent high-profile orders from Washington D.C. Department of Transportation (DDOT) and the City of Seattle, further cementing Actelis’ leadership in delivering hybrid fiber networking solutions for Intelligent Transportation Systems (ITS). These deployments highlight Actelis’ growing global footprint and its ability to support critical infrastructure modernization efforts across key markets.

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About Actelis Networks, Inc.

Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.

For more information, please visit www.actelis.com.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

###

Contact:

ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com

The post Actelis Networks Secures a Significant Order Ahead of Expected Next Phase of NRTS, Positioning the Company for Major Future Opportunities appeared first on Actelis Networks.

FREMONT, Calif., December 20, 2024 -- Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced the official launch of MetaShield, the company’s highly anticipated Cyber Aware Networking product. This milestone represents a significant step forward in Actelis’ strategy to expand its portfolio and establish a robust SaaS business model, delivering enhanced value to its customers, and an important differentiator for the Company’s networking solutions.

Actelis launches MetaShield as part of its unique Cyber Aware Networking strategy, marking a significant milestone for the company, enhancing its networking portfolio with advanced AI-based cybersecurity to protect edge devices from within the network itself

MetaShield is designed to address the growing need for proactive, integrated, cybersecurity and operational continuity management solutions within IoT and critical infrastructure networks. By applying advanced threat detection and response capabilities directly into the company’s hybrid-fiber networking products, MetaShield offers deep continuous monitoring and real-time protection. Thus, Metashield enables the safeguarding of networks against operational failures as well as sophisticated cyber threats, particularly at the edge of the network where vulnerabilities are most pronounced and hardest to detect, and before bad actions can propagate throughout the network.

Following Actelis’ announcement in August, the Company has received strong industry feedback on MetaShield during its pre-launch phase. The company will now expand its sales activity to bring this innovative solution to market. MetaShield not only strengthens Actelis’ position as a leader in secure networking but is also expected, over time, to expand its business model to include additional recurring revenue with healthy margins streams through its SaaS offering, and to differentiate its MetaShield-compatible networking solutions.

“The official launch of MetaShield marks a transformative moment for Actelis Networks,” said Tuvia Barlev, Chairman and CEO of Actelis. “As the world becomes more interconnected, the threats to critical infrastructure are growing more sophisticated. MetaShield is our response to these challenges, providing a comprehensive solution that combines robust cybersecurity with the performance and scalability of our hybrid-fiber networking technology. MetaShield operates from within the network, making it effective at the often vulnerable edge of the network, while also providing a seamless way for our critical infrastructure customers to protect their IoT operations naturally as the network is installed. This launch demonstrates our commitment to innovation and sets the stage for the next chapter of growth, enhancing the value we deliver to our customers while contributing to our long-term vision of establishing a strong SaaS business model.”

MetaShield integrates seamlessly with Actelis’ existing products, enabling rapid deployment without requiring extensive infrastructure changes. This capability is particularly vital for industries such as government, defense, transportation, and utilities, where both speed and security are paramount. The product’s advanced features include real-time anomaly detection, AI-driven threat mitigation, and automated network responses, ensuring continuous operation even under the most challenging conditions.

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About Actelis Networks, Inc.

Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience. For more information, please visit www.actelis.com.

Forward-looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

###

Contact:
ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com

The post Actelis Networks Announces Official Launch of MetaShield: Groundbreaking, AI-Based, Cybersecurity Solution to Drive SaaS Growth & Edge Infrastructure Resilience appeared first on Actelis Networks.

FREMONT, Calif., December 10, 2024 – Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced that it has secured a significant new order for the City of Seattle Department of Transportation (SDOT). This milestone further cements Actelis’ role in critical infrastructure modernization across the U.S. and globally, following recent wins in Washington, D.C., San Jose and major international cities.

With the ITS market expected to reach $65.33 billion by 2032, Actelis is seeing strong demand from top-ranked smart cities like Seattle, San Jose and Washington D.C as it seeks to accelerate its growth in critical infrastructure modernization

Selected to upgrade and expand Seattle’s Intelligent Transportation System (ITS) as part of a key asset refresh, Actelis’ hybrid-fiber networking technology will power essential traffic management applications, including signals, cameras, congestion monitoring systems, and dynamic messaging signs. Seattle, recently named the smartest city in the US, has long relied on Actelis’ solutions for secure, high-speed connectivity, underscoring the city’s confidence in Actelis’ ability to deliver innovative, cost-effective infrastructure.

“This milestone order from Seattle reflects the growing demand for Actelis’ solutions as cities prioritize smarter, more connected infrastructure,” said Tuvia Barlev, Chairman and CEO of Actelis. “From Washington, D.C., San Jose to Seattle and many more in the US, as well as key municipalities in Germany, forward-thinking cities across the globe are turning to Actelis to modernize critical systems, as we’ve recently reported. These successes highlight our momentum in the infrastructure and ITS sectors, as cities and road authorities recognize the value of our our technology in accelerating smart transportation networks, enhancing urban mobility, and delivering safer, more sustainable environments for millions of residents.”

Actelis’ presence in the ITS and smart city infrastructure sectors comes at a pivotal time, as cities worldwide ramp up modernization budgets. Recent reports indicate 66% of U.S. cities are currently investing in smart city technologies, with the global ITS market projected to reach $65.33 billion by 2032 and the broader smart city market expected to grow to $165.8 billion by 2028. Actelis’ solutions empower cities to efficiently modernize infrastructure, meeting the rising demand for secure, cost-effective connectivity driven by these investments.

Actelis’ hybrid-fiber technology provides secure, high-speed connectivity by upgrading existing infrastructure, enabling rapid deployment of modernized networks. These solutions support IoT-driven urban planning while minimizing costs and time associated with traditional cabling. In Seattle, Actelis’ technology facilitates real-time data transmission from traffic cameras, signals, and congestion monitoring systems to the city’s Traffic Operations Center, enabling efficient traffic management and safer roadways.

This order was facilitated by Actelis’ Washington State-based reseller partner, Western Systems, a leader in advanced traffic management solutions. Western Systems has been instrumental in introducing Actelis’ technology to innovative cities across the region, helping accelerate the company’s expansion in ITS and government infrastructure markets.

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About Actelis Networks, Inc. Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.

For more information, please visit www.actelis.com.

Forward-looking Statements This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

###

Contact:
ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com

The post Actelis Networks Chosen By Seattle, The “Smartest City in US” For Significant Infrastructure Modernization Project appeared first on Actelis Networks.

FREMONT, Calif., November 25, 2024 — Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received new orders for the Washington DC Department of Transportation (“DDOT”). These orders follow the approximately $2.3 million order announced in May 2024 which played a crucial role in modernizing and standardizing DDOT’s network connectivity infrastructure along its roadways and intersections.

Actelis continues on the footsteps of the recently announced project in critical infrastructure modernization with new orders, reinforcing its position as a trusted partner in the nation’s capital; Collaborating with key DDOT integrator M.C. Dean

Actelis is collaborating with M.C. Dean, a key integrator for DDOT and the leading “Building Intelligence®” solutions provider, specializing in the design, construction, and maintenance of advanced cyber-physical systems for mission-critical facilities and complex infrastructure.

According to a recent report by the Texas A&M Transportation Institute, Washington DC ranks as one of the United States’ most congested cities. A variety of factors contribute to this high level of traffic congestion including high population density, an influx of visitors commuting from surrounding areas, and tourists visiting from around the globe utilizing rental cars and ride share services.

“Washington, DC’s complex traffic environment necessitates innovative solutions for managing roadways,” said Tuvia Barlev, Chairman and CEO of Actelis. “The backbone of effective traffic management systems is reliable, far-reaching network connectivity. Actelis enables DDOT to optimize traffic flow, improve safety, and enhance data collection using tools such as signal timing and traffic cameras.”

Actelis’ cyber-hardened hybrid-fiber networking solutions are especially valuable to cities like Washington, DC because they provide fiber-grade performance using existing wiring, avoiding the time and expense of laying new cabling along roadways. Actelis’ technology transforms legacy copper or other traditionally low-bandwidth wiring into Gigabit-capable infrastructure, capable of supporting high-demand applications like data-intensive traffic monitoring systems and advanced cameras.

“Washington, DC has now become a showcase for Actelis’ hybrid fiber-copper technology and a model for how other cities can efficiently modernize their traffic management infrastructure,” added Barlev. “Our collaboration with M.C. Dean has proven that cities can save hundreds of thousands of dollars—or more—on construction costs while achieving the performance required to manage dense roadway systems.”

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About Actelis Networks, Inc.

Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.

For more information, please visit www.actelis.com.

Forward-looking Statements This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

###

Media Contact:

Sean Renn

Global VP Marketing & Communications

srenn@actelis.com

Investor Contact:
ARX | Capital Markets Advisors

North American Equities Desk

actelis@arxadvisory.com

The post Actelis Networks Receives Two Expansion Orders for Washington DC Department of Transportation in Collaboration with Multi-Billion Dollar Partner M.C. Dean appeared first on Actelis Networks.

FREMONT, Calif., November 06, 2024 – Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment hybrid networking , recently showcased its GigaLine 900 (GL900) broadband solution at multiple industry events such as WISPAPALOOZA, Broadband Communities West Summit, Connected Britain, and Connected Germany, attracting much interest from providers, integrators and building owners. This attention has underscored the GL900’s potential as an ultra-low power, highly cost-effective solution designed to deliver symmetrical Gigabit services, within multi-dwelling units (MDUs), without the need to run new wires or Fiber in the walls, setting it apart with its unique sub-5W power consumption.

GigaLine 900 Showcased Across Europe and U.S., Offers Rapid, Scalable Deployment with Unmatched Power Efficiency for Expanding High-Speed Connectivity in Multi-Dwelling-Units over existing wires or coax

The GL900’s ultra-low power consumption, at less than 5W, enables broadband providers to meet the needs of millions of residents in MDUs efficiently and sustainably. With 23 million apartment buildings in the U.S. alone, this scalable solution is positioned to provide fiber-grade connectivity without the high costs and logistical challenges of rewiring—a critical feature in closing the digital divide for American families. By leveraging existing copper or coax wiring, the GL900 offers flexible, fiber-grade performance that can adapt to varying building sizes, providing service to numerous apartments per unit and reducing both deployment time and energy consumption.

“We’re thrilled with the market’s reception to our GL900,” said Tuvia Barlev, Chairman and CEO of Actelis. “Visitors to our booths recognized the GL900’s ability to address the industry's need for scalable, low-cost, and sustainable broadband solutions for MDUs, a key market we are well-positioned to serve. We have already received initial customer orders and multiple trials are underway.”

Actelis’ unique technology allows wireless operators, such as those attending WISPAPALOOZA, to extend connectivity from rooftop access points directly into individual apartments, enhancing last-mile delivery in complex building infrastructures. With approximately 23 million apartment buildings in the United States, the majority of which were built before the year 2000, the GL900’s rapid deployment capability, achieving Gigabit performance in less than an hour, meets the critical need for efficient broadband solutions in this significant segment. This solution aligns with current infrastructure initiatives like the $42 billion BEAD program, enabling broadband providers to maximize government funding by expanding access quickly and affordably.

“Across these shows, we’ve heard consistently that the GL900 fills a crucial gap, but awareness of Actelis and our unique capabilities is essential for broader adoption,” added Bret Harrison, SVP Sales America at Actelis. “With the GL900, operators can easily and efficiently bridge the connectivity gap, even in challenging MDU environments.”

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About Actelis Networks, Inc.

Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.

For more information, please visit www.actelis.com.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

###

Media Contact:
Sean Renn
Global VP Marketing & Communications
srenn@actelis.com

Investor Contact:
ARX | Capital Markets Advisors
North American Equities Desk
actelis@arxadvisory.com

The post Actelis’ GigaLine 900 Draws Strong Global Industry Interest as a Unique, Ultra Low-Power Solution for Instant Gigabit Services in MDUs appeared first on Actelis Networks.

FREMONT, Calif., October 28, 2024 — Actelis Networks, Inc. (NASDAQ:ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT applications, today announced that it has received a follow-on order for the expansion of its hybrid-fiber networking technology for a Major German Municipality. This order further strengthens Actelis’ footprint in Germany, and further bolsters its presence in the field of intelligent transportation systems (ITS) for smart traffic applications. This order comes on the backdrop of previously announced significant orders  and successful deployments across many sectors, including highways and ITS, utilities, airports and the military.

With this follow-on order, Actelis continues to expand its role in the global IoT network modernization landscape, building on recent success across highways, utilities, airports, and military verticals.

“In today's rapidly evolving infrastructure landscape, the need for both speed and security in IoT network modernization has never been more critical,” said Tuvia Barlev, Chairman and CEO of Actelis. “Our hybrid-fiber technology not only allows cities and operators to upgrade their networks quickly and cost-effectively, but also fortifies them against emerging cyber threats. This expanded partnership in Germany reflects the growing confidence in Actelis to deliver scalable, secure solutions that are essential for the resilience and functionality of critical infrastructure.”

In Germany, critical infrastructure spending is on the rise as the country aims to enhance resilience and drive economic growth. In 2024 alone, over 30 billion euros were allocated for federal highways, waterways, and railroads, underscoring Germany's commitment to modernization. The government's National Strategy for Critical Infrastructure Protection further highlights the importance of safeguarding vital systems while addressing existing vulnerabilities. By adopting Actelis' solution, cities are accelerating project completion while ensuring long-term security for their infrastructure. This expansion order in Germany reflects Actelis growing presence in the intelligent transportation space. Notably, earlier this month, Actelis announced the expansion of Expansion Order for Major Italian National Transportation Infrastructure Project, also in the field of Intelligent Transportation.

Actelis’ solution supports a wide range of smart city applications by providing secure, high-speed, long-range connectivity for traffic management, public safety, utilities, public WiFi, and municipal broadband services. The technology allows cities to save both time and money by leveraging existing network wiring to deliver fiber-grade data transmission, regardless of the type of infrastructure in place. By eliminating the need for extensive engineering, digging, or trenching, projects are completed faster and at significantly lower costs compared to installing new wiring.

The company is also bolstering its data protection offering for smart cities and IoT operators. In August, Actelis announced a partnership with an advanced cybersecurity provider to develop and deliver a novel, AI-Powered SaaS offering, under Actelis’ ‘Cyber Aware Networking’ initiative. Designed as an intelligence layer integrated into Actelis’ networking devices, the solution identifies anomalies in the network in real-time and enables operators to prevent further threats.

“We're enabling multi-layer protection for critical infrastructure networks, starting with threat identification and equipping operators with the tools and insights needed to safeguard their networks against future attacks,” said Barlev.

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About Actelis Networks, Inc. Actelis Networks, Inc. (NASDAQ: ASNS) is a market leader in hybrid fiber-copper, cyber-hardened networking solutions for rapid deployment in wide-area IoT applications, including government, ITS, military, utility, rail, telecom, and campus networks. Actelis’ innovative portfolio offers fiber-grade performance with the flexibility and cost-efficiency of hybrid fiber-copper networks. Through its "Cyber Aware Networking" initiative, Actelis also provides AI-based cyber monitoring and protection for all edge devices, enhancing network security and resilience.

For more information, please visit www.actelis.com.

Forward-looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

###

Media Contact:

Sean Renn

Global VP Marketing & Communications

srenn@actelis.com

Investor Contact:

ARX | Capital Markets Advisors

North American Equities Desk

actelis@arxadvisory.com

The post Actelis Networks Announces New Order from Major German Municipality for Modernization of Secure Critical Infrastructure IoT Network appeared first on Actelis Networks.